https://www.rallypoint.com/answers/wtf-how-is-this-even-possible-colt-defense-files-for-chapter-11-bankruptcy-protection <div class="images-v2-count-1"><div class="content-picture image-v2-number-1" id="image-47496"> <div class="social_icons social-buttons-on-image"> <a href='https://www.facebook.com/sharer/sharer.php?u=https%3A%2F%2Fwww.rallypoint.com%2Fanswers%2Fwtf-how-is-this-even-possible-colt-defense-files-for-chapter-11-bankruptcy-protection%3Futm_source%3DFacebook%26utm_medium%3Dorganic%26utm_campaign%3DShare%20to%20facebook' target="_blank" class='social-share-button facebook-share-button'><i class="fa fa-facebook-f"></i></a> <a href="https://twitter.com/intent/tweet?text=WTF%3F+How+is+this+even+possible%3F+Colt+Defense+files+for+Chapter+11+bankruptcy+protection&amp;url=https%3A%2F%2Fwww.rallypoint.com%2Fanswers%2Fwtf-how-is-this-even-possible-colt-defense-files-for-chapter-11-bankruptcy-protection&amp;via=RallyPoint" target="_blank" class="social-share-button twitter-custom-share-button"><i class="fa fa-twitter"></i></a> <a href="mailto:?subject=Check this out on RallyPoint!&body=Hi, I thought you would find this interesting:%0D%0AWTF? How is this even possible? Colt Defense files for Chapter 11 bankruptcy protection%0D%0A %0D%0AHere is the link: https://www.rallypoint.com/answers/wtf-how-is-this-even-possible-colt-defense-files-for-chapter-11-bankruptcy-protection" target="_blank" class="social-share-button email-share-button"><i class="fa fa-envelope"></i></a> </div> <a class="fancybox" rel="5d17fe6bd16ee56a60c4f826f4377767" href="https://d1ndsj6b8hkqu9.cloudfront.net/pictures/images/000/047/496/for_gallery_v2/colt.jpg"><img src="https://d1ndsj6b8hkqu9.cloudfront.net/pictures/images/000/047/496/large_v3/colt.jpg" alt="Colt" /></a></div></div>Colt said that in making the filing in U.S. Bankruptcy Court in Delaware, it hopes the process will allow it to quickly sell its business operations in the U.S and Canada. A firm, Sciens Capital Management, plans to buy virtually all of Colt's assets.<br /><br /><a target="_blank" href="http://www.usatoday.com/story/money/business/2015/06/14/colt-chapter-11/71228058/">http://www.usatoday.com/story/money/business/2015/06/14/colt-chapter-11/71228058/</a> <div class="pta-link-card answers-template-image type-default"> <div class="pta-link-card-picture"> <img src="https://d26horl2n8pviu.cloudfront.net/link_data_pictures/images/000/016/084/qrc/635699088839690168-colt.JPG?1443045298"> </div> <div class="pta-link-card-content"> <p class="pta-link-card-title"> <a target="blank" href="http://www.usatoday.com/story/money/business/2015/06/14/colt-chapter-11/71228058/">Colt Defense files for Chapter 11 bankruptcy protection</a> </p> <p class="pta-link-card-description">Colt Defense, the storied firearms maker, plans to file for a Chapter 11 bankruptcy reorganization by Monday, the Wall Street Journal reports. The Journal, citing unnamed sources, says Colt has secured</p> </div> <div class="clearfix"></div> </div> Tue, 16 Jun 2015 09:35:11 -0400 https://www.rallypoint.com/answers/wtf-how-is-this-even-possible-colt-defense-files-for-chapter-11-bankruptcy-protection <div class="images-v2-count-1"><div class="content-picture image-v2-number-1" id="image-47496"> <div class="social_icons social-buttons-on-image"> <a href='https://www.facebook.com/sharer/sharer.php?u=https%3A%2F%2Fwww.rallypoint.com%2Fanswers%2Fwtf-how-is-this-even-possible-colt-defense-files-for-chapter-11-bankruptcy-protection%3Futm_source%3DFacebook%26utm_medium%3Dorganic%26utm_campaign%3DShare%20to%20facebook' target="_blank" class='social-share-button facebook-share-button'><i class="fa fa-facebook-f"></i></a> <a href="https://twitter.com/intent/tweet?text=WTF%3F+How+is+this+even+possible%3F+Colt+Defense+files+for+Chapter+11+bankruptcy+protection&amp;url=https%3A%2F%2Fwww.rallypoint.com%2Fanswers%2Fwtf-how-is-this-even-possible-colt-defense-files-for-chapter-11-bankruptcy-protection&amp;via=RallyPoint" target="_blank" class="social-share-button twitter-custom-share-button"><i class="fa fa-twitter"></i></a> <a href="mailto:?subject=Check this out on RallyPoint!&body=Hi, I thought you would find this interesting:%0D%0AWTF? How is this even possible? Colt Defense files for Chapter 11 bankruptcy protection%0D%0A %0D%0AHere is the link: https://www.rallypoint.com/answers/wtf-how-is-this-even-possible-colt-defense-files-for-chapter-11-bankruptcy-protection" target="_blank" class="social-share-button email-share-button"><i class="fa fa-envelope"></i></a> </div> <a class="fancybox" rel="6b5e4253f6a506b8d30e5e7b4245df0d" href="https://d1ndsj6b8hkqu9.cloudfront.net/pictures/images/000/047/496/for_gallery_v2/colt.jpg"><img src="https://d1ndsj6b8hkqu9.cloudfront.net/pictures/images/000/047/496/large_v3/colt.jpg" alt="Colt" /></a></div></div>Colt said that in making the filing in U.S. Bankruptcy Court in Delaware, it hopes the process will allow it to quickly sell its business operations in the U.S and Canada. A firm, Sciens Capital Management, plans to buy virtually all of Colt's assets.<br /><br /><a target="_blank" href="http://www.usatoday.com/story/money/business/2015/06/14/colt-chapter-11/71228058/">http://www.usatoday.com/story/money/business/2015/06/14/colt-chapter-11/71228058/</a> <div class="pta-link-card answers-template-image type-default"> <div class="pta-link-card-picture"> <img src="https://d26horl2n8pviu.cloudfront.net/link_data_pictures/images/000/016/084/qrc/635699088839690168-colt.JPG?1443045298"> </div> <div class="pta-link-card-content"> <p class="pta-link-card-title"> <a target="blank" href="http://www.usatoday.com/story/money/business/2015/06/14/colt-chapter-11/71228058/">Colt Defense files for Chapter 11 bankruptcy protection</a> </p> <p class="pta-link-card-description">Colt Defense, the storied firearms maker, plans to file for a Chapter 11 bankruptcy reorganization by Monday, the Wall Street Journal reports. The Journal, citing unnamed sources, says Colt has secured</p> </div> <div class="clearfix"></div> </div> SPC Jan Allbright, M.Sc., R.S. Tue, 16 Jun 2015 09:35:11 -0400 2015-06-16T09:35:11-04:00 2015-06-16T09:35:11-04:00